Powell Soothes Markets // Household Spending Vs. Income in 2021 // Inflation's Affect on Insurance - 9/9 (Hour 1)

The Financial Exchange Show - A podcast by The Financial Exchange Network

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(2:03) - Mike and Marc begin the week's final show discussing markets' positive response to Fed Chair Jay Powell's brief speech Thursday.(14:58) - Weighing in on how inflation and the labor market will affect the outcome of the 2022 midterm elections. (24:30) - Touching on how U.S. household spending jumped over twice as fast as household income in 2021.(33:46) - Cate Deventer of Bankrate joined the show to discuss her piece on the affect that inflation is having on insurance rates.